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Question: According to the past five or six weeks bitcoin price study I've noticed that the bitcoin price is continuously rising and falling, the price fall is more than the rise and still most of the bitcoin holders are not ready to sell it. I want to know the rea
When and how?
What if drops?

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Author Topic: Why people are holding Bitcoin?  (Read 58435 times)
ngerok
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July 21, 2017, 02:24:02 PM
 #221

Because they will predict that bitcoin is going to be rise at the end of the month or they hold bitcoins because they are so very trifty. Its better to hold bitcoin in your wallet than investing it in bank.
it's true, holding Bitcoin it was very good of the invest in the bank or site invest.

holding Bitcoin now and sell if price Bitcoin is good.
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Lyancy001
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July 21, 2017, 04:05:00 PM
 #222

Maybe, two things, to hope that Bitcoin will have a blast or Bitcoin will fall. And we always hope that Bitcoin will ride a rocket to blast-out to the moon.
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July 21, 2017, 04:12:54 PM
 #223

Bitcoin is steadily climbing up. If all forecasts and tendencies have keep the same, then $3,000 is not the limit. Compared to stocks tt's investment with amazing profit within short period of time.
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July 21, 2017, 04:24:37 PM
 #224

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think the reason why they are still holding their bitcoins is they waiting for the increase value of bitcoin. We all know that bitcoins has the higher value than other crytocurrency and it is still increasing. But sometimes bitcoins is not always in a high value.

Well, most of the reason someone does the holding because it wants to increase the value of bitcoin or it could be said that like to get huge profits (investment). actually this can be said to be an investment, because it has been very clear that they make a purchase, and then doing something that can give you a price increase is much higher and better. But it is indeed an advantage can be obtained only with hard work and patience
 

I personally hold bitcoin just in order to be rich in near future around 2021-2024 years. No more reason for me, I don't even like bitcoin but I want to benefit from it.
Rasel5209
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July 21, 2017, 04:59:25 PM
 #225

people hold btc cause btc price regularly increase. other btc give good opportunity for earning. i tell don't hold btc you buy alt coin cause you can be double profit.


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cotton ball
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July 21, 2017, 05:44:02 PM
 #226

people hold btc cause btc price regularly increase. other btc give good opportunity for earning. i tell don't hold btc you buy alt coin cause you can be double profit.

Then after that altcoin price will increase Smiley. Holding bitcoin can be based on a variety of reasons, especially regarding the needs of users and their thinking about developing bitcoin trends, this pattern will automatically prevent the thought of selling and will affect the rise in bitcoin prices.

Buy altcoin and develop in the trading market will eventually again be converted to bitcoin as long as there is no altcoin paired with fiat. This reaction causes why many people make bitcoin as the ultimate goal of conversion and continue to hold it.
jenny399
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July 21, 2017, 05:52:01 PM
 #227

Because the price of bitcoin Fall in low against in the rise in high. & people want to become millionire that's why they hold the bitcoin.
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July 21, 2017, 06:21:38 PM
 #228

I think people hold bitcoins because of all the legal currencies in the world, only in bitcoin do the greedy bankers hhaving a hard time in manipulating.

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Skieleton
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July 21, 2017, 06:28:33 PM
 #229

Because the price of bitcoin Fall in low against in the rise in high. & people want to become millionire that's why they hold the bitcoin.

An ideal example of why you should stick and buy BTC. July 16 price of BTC = 1860 $, a week later the price of 800 USD higher Smiley. Behind a few years the price should be 2x higher. BTC is a good investment.
Gameroid
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July 21, 2017, 09:22:01 PM
 #230

I think people hold bitcoins because of all the legal currencies in the world, only in bitcoin do the greedy bankers hhaving a hard time in manipulating.
to me i think most of the people are holding bitcoin for making profit. i think in present time in most of the places people do not have the opportunity to use bitcoin as currency therefore they are using it as investment and for trading purposes because of the big fluctuation of the price of bitcoin.
MMA
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July 21, 2017, 09:26:28 PM
 #231

people hold btc cause btc price regularly increase. other btc give good opportunity for earning. i tell don't hold btc you buy alt coin cause you can be double profit.
yes bitcoin is providing good opportunities to people to make money in short time. i think bitcoin is the only currency in th world which is providing so much good opportunities to people who are making good profit in short time.
Intersan
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July 21, 2017, 09:59:49 PM
 #232

At this time (the incoming segwit) people holding their bitcoin because of chances of profit. They stand on their own prediction that bitcoin will pump and become popular after the august 1. I think it is because on what they observed in the market of bitcoin it slowly become popular to the people and this could be the reason why bitcoin need to upgrade.

It is obvious that its all about the bitcoin price, chances of getting profit after august 1 if the result is good.

Donaldturp
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July 21, 2017, 10:11:44 PM
 #233

At this time (the incoming segwit) people holding their bitcoin because of chances of profit. They stand on their own prediction that bitcoin will pump and become popular after the august 1. I think it is because on what they observed in the market of bitcoin it slowly become popular to the people and this could be the reason why bitcoin need to upgrade.

It is obvious that its all about the bitcoin price, chances of getting profit after august 1 if the result is good.

For me holding have another purpose. I want to keep my money safe without control of the government. That's why I hold bitcoin rather than its profit. And I want to be protected against inflation.
senin
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July 21, 2017, 10:15:20 PM
 #234

b:My family does not know much about the crypto currency. I myself learned about it relatively recently from my acquaintances. As I expand my knowledge, I tell my wife in general terms.
J Gambler
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July 21, 2017, 10:16:55 PM
 #235

people hold btc cause btc price regularly increase. other btc give good opportunity for earning. i tell don't hold btc you buy alt coin cause you can be double profit.
yes bitcoin is providing good opportunities to people to make money in short time. i think bitcoin is the only currency in th world which is providing so much good opportunities to people who are making good profit in short time.
Yes bitcoin has a greates proposal among all. If we continue to hold this and earn it, it is good and nice way to be ready ourselves in the futute and have an investment for it. We always believes that bitcoin will be more than $3000 after this year so earming it is very good and nice way.

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senin
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July 21, 2017, 10:28:28 PM
 #236

It is quite obvious that people keep the bitcoins because they believe in his future. I also believe that the price of bitcoin in a few years will increase dramatically. The profit from the growth of the exchange rate will be much higher from that if we put the same amount in the bank
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July 21, 2017, 10:30:33 PM
 #237

I'm sure there are many reasons why people hold Bitcoin. Some are logical, like hedging against fiat currency collapsing, wanting to learn about cryptocurrency, or wanting to be independent of government and banks. Others are speculative, like holding it on the assumption that it will increase in value when it may not.

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Kotone
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July 21, 2017, 10:32:32 PM
 #238

People are always aware of that price drop but it really doesnt matter as long as their are holding their nitcoins they gonna lose either make a profit into it most of all once they hold their bitcoins they believe that bitcoin price will be up to $,300 dollars even august 1 is comming they prefer to trade it than to exchange it into fiat currency

Phyton76
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July 21, 2017, 10:36:56 PM
 #239

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
In the drop of bitcoin a lot of holders just sell there bitcoin but other dont want to be like that they can sell there bitcoin in a dump price in the market because they will not earn any profit in that situation so they will just hold and wait until the second time pump.
Jewell
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July 21, 2017, 10:52:01 PM
 #240

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
In the drop of bitcoin a lot of holders just sell there bitcoin but other dont want to be like that they can sell there bitcoin in a dump price in the market because they will not earn any profit in that situation so they will just hold and wait until the second time pump.
i think those people who have bought bitcoin below 1000$ they may have sold their bitcoin, because they may have bought bitcoin in a low price and even now they are making good profit from bitcoin, but i think those people who have bought bitcoin recently they must wait for the price increase, because most of the people do not want to lose money in bitcoinn.
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